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Upcoming Elections To Have Significant Impact On Economic Reforms In

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  • Upcoming Elections To Have Significant Impact On Economic Reforms In

    UPCOMING ELECTIONS WIIL HAVE SIGNIFICANT IMPACT ON ECONOMIC REFORMS IN ARMENIA, US AMBASSADOR STATES

    Noyan Tapan News Agency
    Oct 3 2005

    WASHINGTON, OCTOBER 3, NOYAN TAPAN. The US Ambassador to Armenia
    John Evans considered the 7th meeting of the US-Armenia Task Force
    in Washington on September 26 as the most successful one of those
    attended by him. He said that the meeting was remarkable for the
    extensive discussion of democratic reforms with a simultaneous
    coverage of their relationship with economic growth. "We have come
    to an agreement that the upcoming elections may have a significant
    impact on the process of economic reforms in the country, and these
    elections must be free and fair," J. Evans noted.

    In 1992, the US government allocated more than 1.6 bln dollars
    as development and humanitarian aid for Armenia. According to a
    press release submitted to NT by the US embassy in Armenia, the
    US government's aid is aimed at ensuring stability in the region,
    strengthening democracy and promoting the development of market
    economy in Armenia.

    The purpose of the US-Armenia Task Force (USATF), which was set
    up in 2000, is to encourage the economic cooperation between the
    two countries and increase the efficiency of assistance programs
    implemented by the US government. USATF meetings are convened twice
    a year, with one meeting to be held in Armenia, and another - in the
    US. The next meeting is scheduled for spring, 2006 in Armenia.
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